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Since listing in 2008, Visa is up 1 620%. That means it's given investors an average annual return above 20% for 16 years. It has been an incredible investment. We have been happy holders of the stock for the majority of their listed journey.
According to Carbon Finance, the company had revenues of around $2.4 billion in 2004. Today, their annual revenue is around $35 billion. Take a look at the image below of their sales growth over the years.
Currently, the Department of Justice is investigating them for monopolising the debit card market in the US. Usually, when the DOJ comes after a company, it means that they are doing incredibly well. We are not deterred, and we plan to hold this stock for at least another 16 years.
